European shares opened lower Tuesday, while Chinese technology stocks surged after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry.

The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.

Investors in America’s biggest company are increasingly focused on China, where Apple Inc. is striving to win over a crucial customer base while also facing tariff-related risks.

Asian markets were mixed Tuesday with Hong Kong resuming its tech-led rally after a meeting between President Xi Jinping and China's top business leaders fanned hopes that a long-running crackdown on the private sector is coming to an end.